BlackRock Sees AI Driving A 50% Jump In Asian Energy Demand | ZeroHedge
Authored by Tsvetana Paraskova via OilPrice.com,
BlackRock expects the AI boom and data centers to drive a 50% jump in energy consumption in the Asia Pacific region over the next decade, a senior executive at the world’s largest asset manager said on Wednesday.
Technology giants have already started to secure long-term power contracts in Asia, where electricity and overall energy demand are rising and will rise more than previously expected, due to the demand for data centers and AI (more…)